Today (October 6th), the dollar asset price suddenly burst into a plunging frenzy. The 10-year US Treasury yield rose to a new high of more than seven years after the release of US non-agricultural data, jumping to 3.2309%, since May 2011. The highest, and more sensitive to the policy rate, the two-year US bond yield rose 1.7 basis points to 2.893%, close to the highest since June 2008, while the longer-term 30-year US bond yield rose by 5 basis points. Up to 3.405%, the highest since September 2014.
The data shows that the US debt has been sold by investors for three days, and the price has fallen for three days. We have repeatedly stressed that, to a certain extent, the two-year US debt provides a better, more flexible and riskier than the stock market. Lower investment targets that are relatively quick to earn revenue, so this is an important indicator in the traditional sense of forecasting economic recession, dollar assets, and gold price movements.
This is the strongest rate hike in the US this week (Fed Chairman Powell and a number of Fed officials speak up and gradually raise interest rates), and when non-agricultural jobs in September are much lower than expected, S&P is hitting 5 The biggest two-day decline since the month, this week fell 1%, the worst for a month, the Nasdaq fell 3.2% this week, the worst since March.
